What's the industry doing to save themselves? Some have gone to the paywall model but they can't even commit to that because they want the benefits of the open web driving traffic to them. Then if you pay you still get bombarded with ads and two dozen trackers.

The journalism industry can't seem to accept that most of them were in the distribution business of moving around physical bits of paper and that without that they have no revenue stream. And without the limits of their old distribution model the world needs far less journalists than it once did.

There's also more to professional journalism than online newspapers. There's still local news on TV. In most countries there's still state funded organizations providing way better quality than their commercial counterparts ever did. So journalism will survive, they just need to accept that we need less journalists than decades ago and their old business model probably won't survive.